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421 PENETANGUISHENE ROAD, Barrie (Georgian Drive), Ontario

$6,700,000

40 sq ft

MLS® S14154722

Excellent Development and Investment Opportunity! This 39.6-acre property is located within the City of Barrie boundaries and features commercial zoning, with a designation for future residential/commercial development.The property offers excellent access to Highways 400 and 11 via the Penetanguishene Road/County Road 93 interchange.Currently operating as a successful winery and event venue, the property features extensive existing infrastructure, including a 3,200 sq. ft. winery production facility, retail store with walk-in coolers, established vineyard, large climate-controlled event venue, outdoor ceremony areas, gazebos, and parking for approximately 160 vehicles.Also situated on the property is a charming 1,900 sq. ft., three-bedroom farmhouse, currently used for event guest accommodations, with potential for short- or long-term rental income.The existing business may be willing to lease back the premises, or a buyer may have the opportunity to take over operations.An exceptional opportunity to generate income from an established commercial property while positioning for future development! (id:56426)

CATHERINE ANNE LOWE

Listed by ED LOWE LIMITED

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
23,017
Median household income
$114,000
Median home value
$800,000
Owner-occupied
94%
Homes for sale
266
Median list price
$859,449

Source: Statistics Canada 2021, LiveBy

Map of Oro-Medonte
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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